380 Elm St 2, Gardner, MA 01440

Building Details

Year Built

1979

Listing office w***@foster-healey.com Show Phone

Listing date Mar 10, 2026

Source Elliman

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

All listing content including descriptions, pricing, images are the copyrighted material of Wendy Poudrette

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Overview

This professional office condominium is available for sale, presenting an opportunity for investors. The property is currently under a NNN lease, with the lease in its third year of a five-year term and an option for a five-year renewal. The lease includes annual escalation. The current capitalization rate is 8%.

Suggested Use

Daycare Center Hotel & Motel Real Estate Agency Cosmetic Store Bar & Pub Garden Center Home Appliance Store Tattoo & Piercing Shop Veterinary Clinic Arcade & Gaming Center

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

• Map
• Local Demand

City

Gardner

County

Worcester

State

Massachusetts

Longitude

-71.9813839

Latitude

42.5674327

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FAQs

What type of property is this?

Office units - Office condominium with NNN lease and renewal option.

Where is this office units located?

The property is located at 380 Elm St 2 Gardner, MA.

What is the asking price?

The asking price for this property is $325,000.

What are key features of this property?

This property features: Existing lease in place provides immediate income.; NNN lease structure.; Great investment opportunity with an 8% CAP rate.